Goa Government Tables VAT Amendment Bill to Ease Small Dealer Compliance

The Goa government has introduced the Goa Value Added Tax (Amendment) Bill, 2026, aiming to simplify tax compliance for small dealers. The bill proposes allowing small traders to opt for a composition scheme once, valid until they opt out or become ineligible, reducing annual renewal burdens. It also permits dealers within turnover limits to pay a fixed tax rate, with the commissioner having discretion for installments. The amendment restricts composition dealers from claiming input tax credit or charging VAT on invoices.